Obama To Meet Hu Jintao Before G20 -- Is A Currency Truce In The Works?

Obama Hu Jintao China

According to AFP, Obama will meet personally with his Chinese counterpart Hu Jintao before the G20 meeting (via Mike Allen).

Earlier ForexLive noted chatter of a weekend yuan revaluation.

Certainly a lot to get tongues wagging right now that perhaps the impasse may be resolved (partially).

The dollar is bouncing off its lows… a liittle.

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